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Opinion: Higher wages are good news for families. Why does it freak out the Fed?

Por: MarketWatch Politics December 02, 2022

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It’s heartbreaking, because what should be treated as good news — bigger paychecks for struggling American families — will instead lead to more misery for those families as the Fed tightens the screws on the economy in the false belief that the economy’s biggest problem is that Americans have too much money. Economists’ reactions: You see, what sounds like good news to you and me and every working person is bad news to the Fed — and... + full article



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